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Javier E

Russia Claims U.S. Meddling Over Ukraine - NYTimes.com - 0 views

  • The tense Russian-American jockeying over the fate of Ukraine escalated on Thursday as a Kremlin official accused Washington of “crudely interfering” in the former Soviet republic, while the Obama administration blamed Moscow for spreading an intercepted private conversation between two American diplomats.
Javier E

The Dark Power of Fraternities - The Atlantic - 0 views

  • College fraternities—by which term of art I refer to the formerly all-white, now nominally integrated men’s “general” or “social” fraternities, and not the several other types of fraternities on American campuses (religious, ethnic, academic)—are as old, almost, as the republic.
  • While the system has produced its share of poets, aesthetes, and Henry James scholars, it is far more famous for its success in the powerhouse fraternity fields of business, law, and politics. An astonishing number of CEOs of Fortune 500 companies, congressmen and male senators, and American presidents have belonged to fraternities
  • They also have a long, dark history of violence against their own members and visitors to their houses, which makes them in many respects at odds with the core mission of college itself.
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  • A recent series of articles on fraternities by Bloomberg News’s David Glovin and John Hechinger notes that since 2005, more than 60 people—the majority of them students—have died in incidents linked to fraternities, a sobering number in itself, but one that is dwarfed by the numbers of serious injuries, assaults, and sexual crimes that regularly take place in these houses.
  • I have spent most of the past year looking deeply into the questions posed by these lawsuits, and more generally into the particular nature of fraternity life on the modern American campus
  • to answer the vexing question “why don’t colleges just get rid of their bad fraternities?”—the system, and its individual frats, have only grown in power and influence. Indeed, in many substantive ways, fraternities are now mightier than the colleges and universities that host them.
  • The entire multibillion-dollar, 2,000-campus American college system
  • the Kappa Alpha Society. Word of the group spread, and a new kind of college institution was founded, and with it a brand-new notion: that going to college could include some pleasure. It was the American age of societies, and this new type fit right in.
  • every moment of the experience is sweetened by the general understanding that with each kegger and rager, each lazy afternoon spent snoozing on the quad (a forgotten highlighter slowly drying out on the open pages of Introduction to Economics, a Coke Zero sweating beside it), they are actively engaged in the most significant act of self-improvement available to an American young person: college!
  • There are many thousands of American undergraduates whose economic futures (and those of their parents) would be far brighter if they knocked off some of their general-education requirements online, or at the local community college—for pennies on the dollar—before entering the Weimar Republic of traditional-college pricing. But college education, like weddings and funerals, tends to prompt irrational financial decision making,
  • depends overwhelmingly for its very existence on one resource: an ever-renewing supply of fee-paying undergraduates. It could never attract hundreds of thousands of them each year—many of them woefully unprepared for the experience, a staggering number (some 40 percent) destined never to get a degree, more than 60 percent of them saddled with student loans that they very well may carry with them to their deathbeds—if the experience were not accurately marketed as a blast.
  • When colleges tried to shut them down, fraternities asserted that any threat to men’s membership in the clubs constituted an infringement of their right to freedom of association. It was, at best, a legally delicate argument, but it was a symbolically potent one, and it has withstood through the years. The powerful and well-funded political-action committee that represents fraternities in Washington has fought successfully to ensure that freedom-of-association language is included in all higher-education reauthorization legislation, thus “disallowing public Universities the ability to ban fraternities.”
  • While the fraternities continued to exert their independence from the colleges with which they were affiliated, these same colleges started to develop an increasingly bedeviling kind of interdependence with the accursed societies
  • the fraternities involved themselves very deeply in the business of student housing, which provided tremendous financial savings to their host institutions, and allowed them to expand the number of students they could admit. Today, one in eight American students at four-year colleges lives in a Greek house
  • fraternities tie alumni to their colleges in a powerful and lucrative way. At least one study has affirmed what had long been assumed: that fraternity men tend to be generous to their alma maters. Furthermore, fraternities provide colleges with unlimited social programming of a kind that is highly attractive to legions of potential students
  • It is true that fraternity lawsuits tend to involve at least one, and often more, of the four horsemen of the student-life apocalypse, a set of factors that exist far beyond frat row
  • the binge-drinking epidemic, which anyone outside the problem has a hard time grasping as serious (everyone drinks in college!) and which anyone with knowledge of the current situation understands as a lurid and complicated disaster
  • The second is the issue of sexual assault of female undergraduates by their male peers, a subject of urgent importance but one that remains stubbornly difficult even to quantify
  • The third is the growing pervasiveness of violent hazing on campus
  • But it’s impossible to examine particular types of campus calamity and not find that a large number of them cluster at fraternity houses
  • the fourth is the fact that Boomers, who in their own days destroyed the doctrine of in loco parentis so that they could party in blissful, unsupervised freedom, have grown up into the helicopter parents of today
  • during the period of time under consideration, serious falls from fraternity houses on the two Palouse campuses far outnumbered those from other types of student residences, including privately owned apartments occupied by students. I began to view Amanda Andaverde’s situation in a new light.
  • Why are so many colleges allowing students to live and party in such unsafe locations? And why do the lawsuits against fraternities for this kind of serious injury and death—so predictable and so preventable—have such a hard time getting traction? The answers lie in the recent history of fraternities and the colleges and universities that host them.
  • This question is perhaps most elegantly expressed in the subtitle of Robert D. Bickel and Peter F. Lake’s authoritative 1999 book on the subject, The Rights and Responsibilities of the Modern University: Who Assumes the Risks of College Life?
  • The answer to this question has been steadily evolving ever since the 1960s, when dramatic changes took place on American campuses, changes that affected both a university’s ability to control student behavior and the status of fraternities in the undergraduate firmament. During this period of student unrest, the fraternities—long the unquestioned leaders in the area of sabotaging or ignoring the patriarchal control of school administrators—became the exact opposite: representatives of the very status quo the new activists sought to overthrow. Suddenly their beer bashes and sorority mixers, their panty raids and obsession with the big game, seemed impossibly reactionary when compared with the mind-altering drugs being sampled in off-campus apartments where sexual liberation was being born and the Little Red Book proved, if nothing else, a fantastic coaster for a leaky bong.
  • American colleges began to regard their students not as dependents whose private lives they must shape and monitor, but as adult consumers whose contract was solely for an education, not an upbringing. The doctrine of in loco parentis was abolished at school after school.
  • Through it all, fraternities—for so long the repositories of the most outrageous behavior—moldered, all but forgotten.
  • Animal House, released in 1978, at once predicted and to no small extent occasioned the roaring return of fraternity life that began in the early ’80s and that gave birth to today’s vital Greek scene
  • In this newly forming culture, the drugs and personal liberation of the ’60s would be paired with the self-serving materialism of the ’80s, all of which made partying for its own sake—and not as a philosophical adjunct to solving some complicated problem in Southeast Asia—a righteous activity for the pampered young collegian. Fraternity life was reborn with a vengeance.
  • These new members and their countless guests brought with them hard drugs, new and ever-developing sexual attitudes, and a stunningly high tolerance for squalor
  • Adult supervision was nowhere to be found. Colleges had little authority to intervene in what took place in the personal lives of its students visiting private property. Fraternities, eager to provide their members with the independence that is at the heart of the system—and responsive to members’ wish for the same level of freedom that non-Greek students enjoyed—had largely gotten rid of the live-in resident advisers who had once provided some sort of check on the brothers
  • , in 1984 Congress passed the National Minimum Drinking Age Act, with the ultimate result of raising the legal drinking age to 21 in all 50 states. This change moved college partying away from bars and college-sponsored events and toward private houses—an ideal situation for fraternities
  • lawsuits began to pour in.
  • Liability insurance became both ruinously expensive and increasingly difficult to obtain. The insurance industry ranked American fraternities as the sixth-worst insurance risk in the country—just ahead of toxic-waste-removal companies.
  • For fraternities to survive, they needed to do four separate but related things: take the task of acquiring insurance out of the hands of the local chapters and place it in the hands of the vast national organizations; develop procedures and policies that would transfer as much of their liability as possible to outside parties; find new and creative means of protecting their massive assets from juries; and—perhaps most important of all—find a way of indemnifying the national and local organizations from the dangerous and illegal behavior of some of their undergraduate members.
  • comprising a set of realities you should absolutely understand in detail if your son ever decides to join a fraternity.
  • you may think you belong to Tau Kappa Epsilon or Sigma Nu or Delta Tau Delta—but if you find yourself a part of life-changing litigation involving one of those outfits, what you really belong to is FIPG, because its risk-management policy (and your adherence to or violation of it) will determine your fate far more than the vows you made during your initiation ritual
  • the need to manage or transfer risk presented by alcohol is perhaps the most important factor in protecting the system’s longevity. Any plaintiff’s attorney worth his salt knows how to use relevant social-host and dramshop laws against a fraternity; to avoid this kind of liability, the fraternity needs to establish that the young men being charged were not acting within the scope of their status as fraternity members. Once they violated their frat’s alcohol policy, they parted company with the frat.
  • there are actually only two FIPG-approved means of serving drinks at a frat party. The first is to hire a third-party vendor who will sell drinks and to whom some liability—most significant, that of checking whether drinkers are of legal age—will be transferred. The second and far more common is to have a BYO event, in which the liability for each bottle of alcohol resides solely in the person who brought it.
  • these policies make it possible for fraternities to be the one industry in the country in which every aspect of serving alcohol can be monitored and managed by people who are legally too young to drink it.
  • But when the inevitable catastrophes do happen, that policy can come to seem more like a cynical hoax than a real-world solution to a serious problem.
  • Thanks in part to the guest/witness list, Larry can be cut loose, both from the expensive insurance he was required to help pay for (by dint of his dues) as a precondition of membership, and from any legal defense paid for by the organization. What will happen to Larry now?
  • “I’ve recovered millions and millions of dollars from homeowners’ policies,” a top fraternal plaintiff’s attorney told me. For that is how many of the claims against boys who violate the strict policies are paid: from their parents’ homeowners’ insurance
  • , the Fraternal Information and Programming Group’s chillingly comprehensive crisis-management plan was included in its manual for many years
  • the plan serves a dual purpose, at once benevolent and mercenary. The benevolent part is accomplished by the clear directive that injured parties are to receive immediate medical attention, and that all fraternity brothers who come into contact with the relevant emergency workers are to be completely forthright
  • “Until proven otherwise,” Fierberg told me in April of fraternities, “they all are very risky organizations for young people to be involved in.” He maintains that fraternities “are part of an industry that has tremendous risk and a tremendous history of rape, serious injury, and death, and the vast majority share common risk-management policies that are fundamentally flawed. Most of them are awash in alcohol. And most if not all of them are bereft of any meaningful adult supervision.”
  • the interests of the national organization and the individual members cleave sharply as this crisis-management plan is followed. Those questionnaires and honest accounts—submitted gratefully to the grown-ups who have arrived, the brothers believe, to help them—may return to haunt many of the brothers, providing possible cause for separating them from the fraternity, dropping them from the fraternity’s insurance, laying the blame on them as individuals and not on the fraternity as the sponsoring organization.
  • So here is the essential question: In the matter of these disasters, are fraternities acting in an ethical manner, requiring good behavior from their members and punishing them soundly for bad or even horrific decisions? Or are they keeping a cool distance from the mayhem, knowing full well that misbehavior occurs with regularity (“most events take place at night”) and doing nothing about it until the inevitable tragedy occurs, at which point they cajole members into incriminating themselves via a crisis-management plan presented as being in their favor?
  • I have had long and wide-ranging conversations with both men, in which each put forth his perspective on the situation.
  • the young men who typically rush so gratefully into the open arms of the representatives from their beloved national—an outfit to which they have pledged eternal allegiance—would be far better served by not talking to them at all, by walking away from the chapter house as quickly as possible and calling a lawyer.
  • The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.
  • His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.
  • The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.
  • His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.
  • Unspoken but inherent in this larger philosophy is the idea that it is in a young man’s nature to court danger and to behave in a foolhardy manner; the fraternity experience is intended to help tame the baser passions, to channel protean energies into productive endeavors such as service, sport, and career preparation.
  • In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.
  • In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.
  • Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.
  • Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.
  • This January, after publishing a withering series of reports on fraternity malfeasance, the editors of Bloomberg.com published an editorial with a surprising headline: “Abolish Fraternities.” It compared colleges and universities to companies, and fraternities to units that “don’t fit into their business model, fail to yield an adequate return or cause reputational harm.”
  • A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.
  • A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.
  • there is a Grand Canyon–size chasm between the official risk-management policies of the fraternities and the way life is actually lived in countless dangerous chapters.
  • When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.
  • When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.
Javier E

Rumsfeld's War and Its Consequences Now by Mark Danner | The New York Review of Books - 0 views

  • if the attacks on New York and Washington had been bold and shocking and outlandish, the goals behind them had been the classic objects of insurgents for millennia: to encourage recruits to join the insurgent cause, to show the vulnerability of the ruling power, and to provoke that power to overreact—to respond to insurgent attacks in such a way that would reveal to the world the regime’s cruelty and repressiveness and so bring the quiescent population (in this case, all Muslims) increasingly over to the insurgents’ side
  • the Americans offered a gift undreamt of in al-Qaeda’s philosophy: they invaded and occupied Iraq, a much more important country. The result was catastrophe, not only for Iraq but for the Bush administration’s worldwide “war on terror,” for the invasion seemed to brand Bush’s war, in image after bloody humiliating image of “Americans killing Muslims,” as a new Western crusade against the Islamic world, confirming in every newscast the guiding idea of al-Qaeda’s politics and propaganda.
  • Henry Kissinger, Rumsfeld’s old antagonist from the Ford administration, when asked why he supported the Iraq war, had reportedly replied, “because Afghanistan wasn’t enough.” The radical Islamists had wanted to humiliate us, he went on, “and we need to humiliate them.”3 This was about restoring national credibility, about rebuilding the national power—consisting in no small part of the image of power—that had been severely diminished by those world-altering real-time pictures of the collapsing towers
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  • Proud realists, neither man put much stock in the “democratic tsunami” that, in the fantasy of neoconservative true believers like Wolfowitz, the Iraq war would send sweeping out of Baghdad to engulf the Middle East. Instead they put their faith in “American leadership” and the restoration of American power through a decisive demonstration of American strength.
  • Rumsfeld is first and foremost a patriotic midwesterner, a politician who nourishes in his soul a primordial and undying belief in the manifest need for, and rightness of, American power. To him this truth is self-evident, imbibed at an Illinois breakfast table. Who do we want to lead in the world? Somebody else? The idea is plainly inconceivable.
  • As for the occupation—well, if democracy were to come to Iraq it would be the Iraqis themselves who must build it. There would be no occupation, and thus no planning for it. Rumsfeld’s troops would be in and out in four months. As he told a then adoring press corps, “I don’t do quagmires.”
  • He was smart, brash, ambitious, experienced, skeptical of received wisdom, jealous of civilian control, self-searching, analytical, domineering, and he aimed at nothing less than to transform the American military. The parallels with McNamara are stunning.
  • month after month in his arrogance and tenacity he would deny an insurgency had taken root. Month after month, as the shortcomings of the army he had sent into Iraq—too small, too conventional, not configured or equipped or trained to fight an insurgency and thus fated in its impotent bludgeoning to make it ever worse—became impossible to deny, he would go on denying them, digging in his heels and resisting the change he had to know was necessary.
Javier E

Big Law Firms in Trouble: When the Money Dries Up | New Republic - 0 views

  • “Stable” is not the way anyone would describe a legal career today. In the past decade, twelve major firms with more than 1,000 partners between them have collapsed entirely. The surviving lawyers live in fear of suffering a similar fate, driving them to ever-more humiliating lengths to edge out rivals for business.
  • then there are the indignities inflicted on new lawyers, known as associates. The odds are increasingly long that a recent law-school grad will find a job. Five years ago, during a recession, American law schools produced 43,600 graduates and 75 percent had positions as lawyers within nine months. Last year, the numbers were 46,500 and 64 percent. In addition to the emotional toll unemployment exacts, it is often financially ruinous. The average law student graduates $100,000 in debt.
  • Meanwhile, those lucky enough to have a job are constantly reminded of their expendability. “I knew people who had month-to-month leases who were making $200,000 a year,” says an associate who joined a New York firm in 2010. They are barred from meetings and conference calls to hold down a client’s bill, even pulled off of cases entirely. They regularly face mass layoffs. Many of the tasks they performed until five or ten years ago—like reviewing hundreds of pages of documents—are outsourced to a reserve army of contract attorneys, who toil away at one-third the pay.
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  • the biggest problem is that there are simply many, many more high-priced lawyers today than there is high-priced legal work.
  • Within the next decade or so, according to one common hypothesis, there will be at most 20 to 25 firms that can operate this way—the firms whose clients have so many billions of dollars riding on their legal work that they can truly spend without limit. The other 200 firms will have to reinvent themselves or disappear.
  • It was only when I suggested that a mere fraction of the world’s Big Law firms would survive another decade or two that I grasped the bone-fatiguing chore of running such a business. Theiss wouldn’t endorse the premise, but he didn’t exactly refute it, either. Demand had stopped growing, he told me. There was “substantial overcapacity.” Billable hours were way down industry-wide. “I don’t think anybody who follows the profession would suggest that this is only a temporary situation,” he said. The longer Theiss spoke, the bleaker the picture became.
Javier E

What Putin Has to Say to Americans About Syria - NYTimes.com - 0 views

  • No one wants the United Nations to suffer the fate of the League of Nations, which collapsed because it lacked real leverage. This is possible if influential countries bypass the United Nations and take military action without Security Council authorization.
  • Under current international law, force is permitted only in self-defense or by the decision of the Security Council. Anything else is unacceptable under the United Nations Charter and would constitute an act of aggression.
  • It is alarming that military intervention in internal conflicts in foreign countries has become commonplace for the United States.
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  • Millions around the world increasingly see America not as a model of democracy but as relying solely on brute force,
  • But force has proved ineffective and pointless. Afghanistan is reeling, and no one can say what will happen after international forces withdraw. Libya is divided into tribes and clans. In Iraq the civil war continues, with dozens killed each day. In the United States, many draw an analogy between Iraq and Syria, and ask why their government would want to repeat recent mistakes.
  • I would rather disagree with a case he made on American exceptionalism, stating that the United States’ policy is “what makes America different. It’s what makes us exceptional.” It is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation.
  • We are all different, but when we ask for the Lord’s blessings, we must not forget that God created us equal.
Javier E

If Franz Ferdinand Had Lived - NYTimes.com - 0 views

  • There were many possibilities before 1914. One ingenious proposal was for a United States of Austria, which would have carved the empire into a series of federal language-based states, including small urban enclaves to protect (but also isolate) German speakers. This could have been achieved only by the destruction of Magyar imperialism, but Franz Ferdinand at different points seems to have seen this as worth risking. The archduke also toyed with universal suffrage, knowing that the threat alone might keep the Magyar and German minorities in line.
  • these are ghosts that have haunted Europe ever since — possibilities whose disappearance unleashed evils inconceivable in the stuffy, hypocritical, but relatively decent and orderly world of the Hapsburg empire.
  • The Hapsburg rulers might have been shortsighted, cynical and incompetent, but they ruled over a paradise compared to the horrors that followed. The successor states were desperately weak, and almost all contained fractions of those minorities that had caused the Hapsburgs such problems.
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  • There were many reasons Franz Ferdinand was the perfect target for the Serbian-sponsored terrorists of 1914. They knew that his plans for reform within the empire were a profound threat to them.
  • The fates of the countries of the former empire, as they fell into the hands first of Hitler and then of Stalin, represented nightmarish “solutions” to the challenge of multinational rule, solutions based on genocide, class war and mass expulsions of kinds unimaginable in 1914.
  • Franz Ferdinand was probably the most senior antiwar figure in Central Europe, a man acutely aware of Hapsburg weakness, scathing about the delusions of his generals and a close friend of the German monarch, Kaiser Wilhelm. The recklessness and stupidity of the Hapsburg response to the assassination — the ultimatum of humiliating demands served on Serbia, a response so crucial to the outbreak of the World War I — would not have occurred in the face of some other provocative outrage that had left Franz Ferdinand alive.
Alex Trudel

Hope for the best, pre-empt the worst in Middle East - Al Jazeera English - 0 views

  • Opinion
  • We are "winning", he said. The strategy is "working" against ISIL in Syria and Iraq, "politically and militarily".  Therefore, the US is going to double its efforts; it will send more arms to the Iran-supported Haider al-Abbadi government and launch more air strikes.
  • double its e
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  • efforts;
  • The regimes' repression - bloody and sectarian - has created the conditions that nurture, motivate and strengthen extremist groups like ISIL, and pave the way towards uniting the two into one bloody and protracted "civil war" in the whole of Mesopotamia.
  • ISIL is benefiting from the break-up of fragile states, the breakdown of their bankrupt regimes, and the implosion of their societies.
  • ISIL has also benefited from violence becoming the new norm in the Middle East. After millions of casualties, the toll is rising exponentially as countless more meet similar fate, alas.
  • Once it eclipsed al-Qaeda and established itself as the new caliphate with a fixed address at the cradle of the world's civilisation, ISIL became the new magnate for religious extremism.
  • In a region of instability, uncertainty and chaos, ISIL is unmistakably steadfast and clear. It espouses clarity of doctrine (terribly violent jihad), mission (fighting infidels, heretics, and apostates), and clarity of goal (establishment of the caliphate throughout the Muslim world)
  • For all these reasons, I don't share the Obama administration's optimism. In these dark times, optimism entails a large dose of myopia, naivete or cynicism.
Javier E

Breaking Silence, Richard Fuld Speaks on Love, Putin and 'Rocky' - NYTimes.com - 0 views

  • Explaining the origins of the financial crisis, Mr. Fuld avoided any mention of investment banks’ eagerness to issue subprime mortgages. (Lehman had an enormous portfolio of subprime loans.)“It’s not just one single thing,” Mr. Fuld said. “It’s all these things taken together. I refer to it as the perfect storm.”
  • At the root of the crisis, in his view, was the government’s push for homeownership. At the same time, hedge funds, private equity firms and sovereign wealth firms grew rapidly, supercharging the global financial system and driving up equity values, balance sheets, the volume of financial products and the need for financing, he said.“There was very little regulation or market supervision
  • Then in 2007, the Fed raised interest rates, essentially ending the housing boom it had encouraged, Mr. Fuld said.“The increased rates led to increased mortgage rates and payments, a huge number of residential foreclosures,” he said. “Banks wrote down and sold assets.”In the wake of this, companies began cutting costs and jobs, Mr. Fuld said, and it became “a self-fulfilling economic loop.”
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  • “I know you don’t want to hear this from me, but the wealthy are getting wealthier, and again, the belly of America is getting hurt,” he said. “Look, I’m a hard-core capitalist. But let’s be fair — capitalism only works if it starts at the top and filters down. If it doesn’t get down, we’re going to lose.”
  • “Taken together, they are fraying the fabric of our system,” he said.And once again, he pointed the finger at Washington, prompting the crowd to cheer
  • Mr. Fuld also quickly offered three data points that he suggested made it clear that Lehman could have survived, had the Fed not forced it to fail: “When Lehman was mandated into bankruptcy, we said our equity capital was $28 billion. Second, we had a Tier 1 capital ratio of 11 percent. Third, Lehman had unencumbered collateral of $127 billion.”
  • “It’s very easy to look back. As they said, hindsight is 20/20. There is no ‘if’ or ‘woulda coulda shoulda,’ ” he said. “You can only make a decision at any specific time with the best information that you think you have.”Going further, Mr. Fuld insisted that he could have saved the firm: “Lehman Brothers at the point of 2008 was not a bankrupt company.”
  • Asked what he could have done differently, he avoided answering directly, and instead said, “I think I missed the violence of the market and how it spread from one asset class to the next. Did we do everything we could? Did we fall prey to some other agendas? I’ll leave it at that.”
  • In the end, Mr. Fuld seemed hung up on the fate of his own firm, not the broader crisis that its bankruptcy helped ignite.
Javier E

Daniel Patrick Moynihan's Responsibility for Mass Incarceration - The Atlantic - 0 views

  • Coates demonstrates that white Americans’ fear of black Americans, and their impulse to control blacks, are integral to the rise of the carceral state. A result is that one of every four black men born since the late 1970s has spent time in prison, at profound cost to his family. For this, Coates holds Moynihan, in part, responsible.
  • My argument is that mass incarceration is built on a long history of viewing black people as unequal in general, and criminal in the specific.
  • Moynihan presented a portrait to the president of an America riven by two groups—hard-working, law-abiding, working-class whites and criminal and scheming blacks.
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  • Through all of his memos Moynihan  remains thoroughly committed to government action to help black families. He believes the black poor to be “unusually self-damaging,” but he does not believe they should be left to their fate. He believes the government should invest in poor black communities. But this is accompanied by a telling dig—aiding the ghettoes would prevent the militant black middle class from threatening the “the larger society much as the desperate bank robber threatens to drop the vial of nitroglycerin.” Moynihan used the rhetoric of black criminalization, even in arguing for government aid. It takes a peculiar blindness to wonder why we built prisons instead.
  • The point is not that Moynihan wanted prisons.  I am certain the growth in incarceration truly horrified Moynihan. And I don’t doubt for a minute the sincerity in the words that Weiner quotes in Moynihan’s defense. But the possession of good intentions, and deep sympathies, does not absolve men with power of their responsibility, nor of their imprudence. Whatever his ultimate goals, Moynihan buttressed, and employed, the logic of black criminality and white victimhood
  • I spent the past year poring over books on and by Moynihan and examining as many memos written by him and articles on him as I could get my hands on. I came away with tremendous respect for his intelligence, his foresight and his broad, ranging curiosity. I did not come away from the research thinking him a racist. I did not come away thinking he was a conservative. But this is precisely the point. The story of mass incarceration, of American racism, is not simply a story of evil racists. It is also the story of people trying to help. And it is also the story of these same people not fully understanding the ugly traditions alive in their own country. Black criminalization is such a tradition and when Moynihan employed it he was playing with fire. Others got burned.
Javier E

Leadership and Leitkultur - NYTimes.com - 0 views

  • The real cause for concern is that, as the Sarrazin and Wulff incidents show, cool-headed politicians are discovering that they can divert the social anxieties of their voters into ethnic aggression against still weaker social groups.
  • What we are seeing is not a revival of the mentalities of the 1930s. Instead, it is a rekindling of controversies of the early 1990s, when thousands of refugees arrived from the former Yugoslavia, setting off a debate on asylum seekers.
  • the idea of the leitkultur depends on the misconception that the liberal state should demand more of its immigrants than learning the language of the country and accepting the principles of the Constitution. We had, and apparently still have, to overcome the view that immigrants are supposed to assimilate the “values” of the majority culture and to adopt its “customs.”
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  • It doesn’t make things any better that today leitkultur is defined not by “German culture” but by religion. With an arrogant appropriation of Judaism — and an incredible disregard for the fate the Jews suffered in Germany — the apologists of the leitkultur now appeal to the “Judeo-Christian tradition,” which distinguishes “us” from the foreigners.
  • The motivations underlying each of the three phenomena — the fear of immigrants, attraction to charismatic nonpoliticians and the grass-roots rebellion in Stuttgart — are different. But they meet in the cumulative effect of a growing uneasiness when faced with a self-enclosed and ever more helpless political system.
  • The more the scope for action by national governments shrinks and the more meekly politics submits to what appear to be inevitable economic imperatives, the more people’s trust in a resigned political class diminishes.
  • Democracy depends on the belief of the people that there is some scope left for collectively shaping a challenging future.
Javier E

Epidemiology: Study of a lifetime : Nature News - 0 views

  • "It's unique and groundbreaking in the history of epidemiology. It's the only study to have chased an entire cohort across its life course — and it's not yet finished," says Ezra Susser, an epidemiologist who works with cohort studies at Columbia University in New York. He says that cohort research has been vital in seeding the idea that disease evolves as a result of events throughout life. "You gain enormous depth of understanding in how that disease came to be by following someone over their life course."
  • Bright children from the middle classes were more likely to pass the 11+ and do well at school than were equally bright working-class children, although supportive parents and good teachers could better a child's odds. The attrition of smart but poor boys (girls counted for less) became known as the 'waste of talent', turning Douglas's next two books — The Home and the School (1964) and All Our Future (1968) — into must-read educational references and contributing to the introduction of non-selective 'comprehensive' schools in the 1960s
  • He found that babies with the lowest birth weights had the highest risk of heart disease as adults. Study after study from the 1946 cohort supported the link, showing a tangle of connections between infant and child growth or development and adult traits from cognitive ability to frailty, diabetes, obesity, cancer and schizophrenia risk. "It isn't the same story every time, but we find an endless stream of long-term associations in quite 'noisy' data," says Kuh. "Big babies were more likely to get breast cancer. Small babies were more likely to have poor grip strength. Those who grew fast postnatally have more cardiovascular risk."
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  • Kuh and others emphasize that fates are not fixed by early life. "I don't ever want the findings to be interpreted as purely deterministic," says Kuh; she prefers the more optimistic idea that disease risks result from an accumulation of experiences throughout life, and that education, diet or other factors can shift poor trajectories to better ones.
Javier E

We Can't Teach Students to Love Reading - The Chronicle Review - The Chronicle of Highe... - 0 views

  • While virtually anyone who wants to do so can train his or her brain to the habits of long-form reading, in any given culture, few people will want to. And that's to be expected. Serious "deep attention" reading has always been and will always be a minority pursuit, a fact that has been obscured in the past half-century
  • From 1945 to 2000, or thereabouts, far more people than ever before in human history were expected to read, understand, appreciate, and even enjoy books. In 2005, Wendy Griswold, Terry McDonnell, and Nathan Wright, sociologists from Northwestern University, published a paper concluding that while there was a period in which extraordinarily many Americans practiced long-form reading, whether they liked it or not, that period was indeed extraordinary and not sustainable in the long run. "We are now seeing such reading return to its former social base: a self-perpetuating minority that we shall call the reading class."
  • much of the anxiety about American reading habits, and those in other developed nations to a lesser degree, arises from frustration at not being able to sustain a permanent expansion of "the reading class" beyond what may be its natural limits.
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  • The extreme reader, to coin a phrase, is a rare bird indeed. ("I have done what people do, my life makes a reasonable showing," Lynne Sharon Schwartz writes. "Can I go back to my books now?") Such people are born, not made, I think; or mostly born and only a little made.
  • It is more common to come across the person who has known the joys of reading but who can be distracted from them. But even those folks are a small percentage of the population.
  • American universities are largely populated by people who don't fit either of these categories—often really smart people for whom the prospect of several hours attending to words on pages (pages of a single text) is not attractive.
  • Steven Pinker once said that "Children are wired for sound, but print is an optional accessory that must be painstakingly bolted on." The key here is "painstakingly": There can be many pains, in multiple senses of the word, for all parties involved, and it cannot be surprising that many of the recipients of the bolting aren't overly appreciative, and that even those who are appreciative don't find the procedure notably pleasant.
  • the printing press ushered in an age of information overload. In the 17th century, one French scholar cried out, "We have reason to fear that the multitude of books which grows every day in a prodigious fashion will make the following centuries fall into a state as barbarous as that of the centuries that followed the fall of the Roman Empire." Such will be our fate "unless we try to prevent this danger by separating those books which we must throw out or leave in oblivion from those which one should save and within the latter between what is useful and what is not."
  • Rarely has education been about teaching children, adolescents, or young adults how to read lengthy and complicated texts with sustained, deep, appreciative attention—at least, not since the invention of the printing press. When books were scarce, the situation was different:
  • Bacon tells such worried folks that they can't read them all, and so should develop strategies of discernment that enable them to make wise decisions about how to invest their time. I think Bacon would have applauded Clay Shirky's comment that we suffer not from "information overload" but from "filter failure."
  • especially noteworthy is Bacon's acknowledgment that there is a place for what Katherine Hayles would call "hyper attention" as well as "deep attention." Some books don't need to be read with patience and care; at times it's OK, even necessary, to skim (merely to "taste" rather than to ruminate). And as Shreeharsh Kelkar, a graduate student at the Massachusetts Institute of Technology, has pointed out, "To be successful today, it not only becomes necessary to skim, but it becomes essential to skim well."
  • Except in those cultures in which books have been scarce, like Augustine's Roman North Africa, the aims of education have often focused, though rarely explicitly so, on the skills of skimming well. Peter Norvig says: "When the only information on the topic is a handful of essays or books, the best strategy is to read these works with total concentration. But when you have access to thousands of articles, blogs, videos, and people with expertise on the topic, a good strategy is to skim first to get an overview. Skimming and concentrating can and should coexist."
  • education, especially in its "liberal arts" embodiments, has been devoted to providing students with navigational tools—with enough knowledge to find their way through situations that they might confront later in life.
  • All this is to say that the idea that many teachers hold today, that one of the purposes of education is to teach students to love reading—or at least to appreciate and enjoy whole books—is largely alien to the history of education.
  • Rose's book is largely a celebration of autodidacticism, of people whose reading—and especially the reading of classic texts, from Homer to Dante to Shakespeare to the great Romantic poets—wasn't imposed on them by anyone, and who often had to overcome significant social obstacles in order to read. "The autodidacts' mission statement," Rose writes, was "to be more than passive consumers of literature, to be active thinkers and writers. Those who proclaimed that 'knowledge is power' meant that the only true education is self-education, and they often regarded the expansion of formal educational opportunities with suspicion."
  • Over the past 150 years, it has become increasingly difficult to extricate reading from academic expectations; but I believe that such extrication is necessary. Education is and should be primarily about intellectual navigation, about—I scruple not to say it—skimming well, and reading carefully for information in order to upload content. Slow and patient reading, by contrast, properly belongs to our leisure hours.
  • There is a kind of attentiveness proper to school, to purposeful learning of all kinds, but in general it is closer to "hyper attention" than to "deep attention." I would argue that even reading for information—reading textbooks and the like—does not require extended unbroken focus. It requires discipline but not raptness, I think: The crammer chains himself to the textbook because of time pressures, not because the book itself requires unbroken concentration. Given world enough and time, the harried student could read for a while, do something else, come back and refresh his memory, take another break ... but the reader of even the most intellectually demanding work of literary art would lose a great deal by following such tactics. No novel or play or long poem will offer its full rewards to someone who consumes it in small chunks and crumbs. The attention it demands is the deep kind.
  • for people like Erasmus (with his "cry of thankful joy" on spying a fragment of print) or Lynne Sharon Schwartz ("Can I get back to my books now?"), books are the natural and inevitable and permanent means of being absorbed in something other than the self.
  • But then there are the people Nicholas Carr writes about in The Shallows: What the Internet Is Doing to Our Brains, and Carr himself: people who know what it is like to be lost in a book, who value that experience, but who have misplaced it—who can't get back,
Javier E

'Empire of Cotton,' by Sven Beckert - NYTimes.com - 0 views

  • The history of an era often seems defined by a particular commodity.
  • The 18th century certainly belonged to sugar. The race to cultivate it in the West Indies was, in the words of the French Enlightenment writer Guillaume-Thomas de Raynal, “the principal cause of the rapid movement which stirs the Universe.”
  • In the 20th century and beyond, the commodity has been oil: determining events from the Allied partitioning of the Middle East after World War I to Hitler’s drive for Balkan and Caspian wells to the forging of our own fateful ties to the regimes of the Persian Gulf.
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  • Harvard historian Sven Beckert makes the case that in the 19th century what most stirred the universe was cotton.
  • Today some 350 million people are involved in growing, transporting, weaving, stitching or otherwise processing the fibers of this plant.
  • the slave plantations that spread across the American South, a form of outsourcing before the word was invented. These showed that cotton could be lucratively cultivated in bulk for consumers as far afield as another continent, and that realization turned the world upside down. Without slavery, he says, there would have been no Industrial Revolution.
  • Beckert’s most significant contribution is to show how every stage of the industrialization of cotton rested on violence.
  • As soon as the profit potential of those Southern cotton fields became clear in the late 1780s, the transport of slaves across the Atlantic rapidly increased. Cotton cloth itself had become the most important merchandise European traders used to buy slaves in Africa.
  • Then planters discovered that climate and rainfall made the Deep South better cotton territory than the border states. Nearly a million American slaves were forcibly moved to Georgia, Mississippi and elsewhere, shattering many families in the process.
  • The search for more good cotton-­growing soil in areas that today are such states as Texas, Arkansas, Kansas and Oklahoma was a powerful incentive to force Native Americans off their traditional lands and onto reservations, another form of violence by the “military-cotton complex.”
  • by 1850, two-thirds of American cotton was grown on land that had been taken over by the United States since the beginning of the century.
  • Beckert practices what is known as global or world history: the study of events not limited to one country or continent.
  • another major theme of “Empire of Cotton” is that, contrary to the myth of untrammeled free enterprise, this expanding industry was fueled at every stage by government intervention.
  • it was not just in the United States that planters’ thirst to sow large tracts with cotton pushed indigenous peoples and self-sufficient farmers off their land; colonial armies did the same thing in India, West Africa and elsewhere
  • it was not only white Southerners who were responsible for the harsh regime of slave-grown cotton: merchants and bankers in the North and in Britain lent them money and were investors as well.
  • From Denmark to Mexico to Russia, states lent large sums to early clothing manufacturers. Whether it was canals and railways in Europe or levees on the Mississippi, governments jumped in to build or finance the infrastructure that big cotton growers and mills demanded
  • Britain forced Egypt and other territories to lower or eliminate their import duties on British cotton.
  • he wants to use that commodity as a lens on the development of the modern world itself. This he divides into two overlapping phases: “war capitalism” for the stage when slavery and colonial conquest prepared the ground for the cotton industry, and “industrial capitalism” for the period when states intervened to protect and help the business in other ways
  • Today, a “giant race to the bottom” by an industry always looking for cheaper labor has shifted most cotton growing and the work of turning it into clothing back to Asia
  • violence in different forms is still all too present. In Uzbekistan, up to two million children under 15 are put to work harvesting cotton each year
  • In China, the Communist Party’s suppression of free trade unions keeps cotton workers’ wages down, just as British law in the early 1800s saw to it that men and women who abandoned their ill-paid jobs and ran away could be jailed for breach of contract.
  • in Bangladesh, the more than 1,100 people killed in the notorious collapse of the Rana Plaza building in 2013 were mostly female clothing workers, whose employers were as careless about their safety as those who enforced 14- or 16-hour workdays in German and Spanish weaving mills a century before
Javier E

How Obama Backed Impunity For War Crimes « The Dish - 0 views

  • There should, in my mind, be no debate about prosecutions for war crimes. Seriously, can you imagine the US opposing such prosecutions if they were in a foreign country? Besides, the US’ clear international and domestic legal obligations admit of no exception for the prosecution of those credibly accused of torture – let alone of those, like Cheney, who have openly bragged about it. It specifically bars any exception in the case of national emergency. Not to prosecute because of such an emergency is therefore to end the Geneva Conventions – which is what Obama has effectively done. He must not be let off the hook for that fateful step – and what it does to the core meaning of the United States.
  • From now on, the US is a human rights violator of the first order under international law, a rogue state that has explicitly tortured innocent people and never held anyone legally responsible. I know that sounds terribly harsh. But how is it untrue? And to refuse to prosecute war crimes is to condone war crimes.
  • And the fact that we are the most powerful country on earth makes this about much more than just us. It casts a dark and long shadow over humanity. It makes torture everywhere more likely, and more pervasive. It legitimizes evil. It removes from us any moral standing when it comes to Americans being tortured by these very same techniques – as they already have been in Syria, and as they will be in the future.
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  • We didn’t just break Iraq; we broke the very structure of basic human rights that this country fought two world wars to establish.
  • Attorney General Holder announced in 2012 that a special prosecutor who investigated 101 cases found that “the admissible evidence would not be sufficient” to convict beyond a reasonable doubt. Perhaps he felt that crucial evidence would have disclosed state secrets, or concluded that victim testimony by accused terrorists would never convince an American jury. The greatest danger of jury trials would be a string of “patriotic acquittals” of defendants who would say they acted to save American lives, which would create terrible pro-torture precedents to haunt us for years.
  • That’s by far the best argument against doing so, along with much deeper partisan divisions and political polarization. I see the logic of it – but it is based on an acquiescence to and appeasement of evil.
  • By not prosecuting, we are creating an incentive for such awful things to be done again. We are empowering the Leviathan to torture prisoners in future knowing it can get away with anything.
  • Far from ensuring that these awful crimes never happen again, Obama has all but ensured that they will. That will be part of his legacy: the sounds of a torture victim crying in the dark, and knowing that America is fine with it. It is, in that sense, the end of America as much of the world has known it.
Javier E

The Real Story of How America Became an Economic Superpower - The Atlantic - 0 views

  • a new history of the 20th century: the American century, which according to Tooze began not in 1945 but in 1916, the year U.S. output overtook that of the entire British empire.
  • The two books narrate the arc of American economic supremacy from its beginning to its apogee. It is both ominous and fitting that the second volume of the story was published in 2014, the year in which—at least by one economic measure—that supremacy came to an end.
  • “Britain has the earth, and Germany wants it.” Such was Woodrow Wilson’s analysis of the First World War in the summer of 1916,
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  • what about the United States? Before the 1914 war, the great economic potential of the U.S. was suppressed by its ineffective political system, dysfunctional financial system, and uniquely violent racial and labor conflicts. “America was a byword for urban graft, mismanagement and greed-fuelled politics, as much as for growth, production, and profit,”
  • as World War I entered its third year—and the first year of Tooze’s story—the balance of power was visibly tilting from Europe to America. The belligerents could no longer sustain the costs of offensive war. Cut off from world trade, Germany hunkered into a defensive siege, concentrating its attacks on weak enemies like Romania. The Western allies, and especially Britain, outfitted their forces by placing larger and larger war orders with the United States
  • His Wilson is no dreamy idealist. The president’s animating idea was an American exceptionalism of a now-familiar but then-startling kind.
  • That staggering quantity of Allied purchases called forth something like a war mobilization in the United States. American factories switched from civilian to military production; American farmers planted food and fiber to feed and clothe the combatants of Europe
  • But unlike in 1940-41, the decision to commit so much to one side’s victory in a European war was not a political decision by the U.S. government. Quite the contrary: President Wilson wished to stay out of the war entirely. He famously preferred a “peace without victory.” The trouble was that by 1916, the U.S. commitment to Britain and France had grown—to borrow a phrase from the future—too big to fail.
  • His Republican opponents—men like Theodore Roosevelt, Henry Cabot Lodge, and Elihu Root—wished to see America take its place among the powers of the earth. They wanted a navy, an army, a central bank, and all the other instrumentalities of power possessed by Britain, France, and Germany. These political rivals are commonly derided as “isolationists” because they mistrusted the Wilson’s League of Nations project. That’s a big mistake. They doubted the League because they feared it would encroach on American sovereignty.
  • Grant presents this story as a laissez-faire triumph. Wartime inflation was halted. Borrowing and spending gave way to saving and investing. Recovery then occurred naturally, without any need for government stimulus. “The hero of my narrative is the price mechanism, Adam Smith’s invisible hand,
  • It was Wilson who wished to remain aloof from the Entente, who feared that too close an association with Britain and France would limit American options.
  • Wilson was guided by a different vision: Rather than join the struggle of imperial rivalries, the United States could use its emerging power to suppress those rivalries altogether. Wilson was the first American statesman to perceive that the United States had grown, in Tooze’s words, into “a power unlike any other. It had emerged, quite suddenly, as a novel kind of ‘super-state,’ exercising a veto over the financial and security concerns of the other major states of the world.”
  • Wilson hoped to deploy this emerging super-power to enforce an enduring peace. His own mistakes and those of his successors doomed the project,
  • What went wrong? “When all is said and done,” Tooze writes, “the answer must be sought in the failure of the United States to cooperate with the efforts of the French, British, Germans and the Japanese [leaders of the early 1920s] to stabilize a viable world economy and to establish new institutions of collective security. … Given the violence they had already experienced and the risk of even greater future devastation, France, Germany, Japan, and Britain could all see this. But what was no less obvious was that only the US could anchor such a new order.”
  • And that was what Americans of the 1920s and 1930s declined to do—because doing so implied too much change at home for them: “At the hub of the rapidly evolving, American-centered world system there was a polity wedded to a conservative vision of its own future.”
  • The Forgotten Depression is a polemic embedded within a narrative, an argument against the Obama stimulus joined to an account of the depression of 1920-21. As Grant correctly observes, that depression was one of the sharpest and most painful in American history.
  • Then, after 18 months of extremely hard times, the economy lurched into recovery. By 1923, the U.S. had returned to full employment.
  • “By the end of 1916, American investors had wagered two billion dollars on an Entente victory,” computes Tooze (relative to America’s estimated GDP of $50 billion in 1916, the equivalent of $560 billion in today’s money).
  • the central assumption of his version of events is the same one captured in Rothbard’s title half a century ago: that America’s economic history constitutes a story unto itself.
  • Americans, meanwhile, were preoccupied with the problem of German recovery. How could Germany achieve political stability if it had to pay so much to France and Belgium? The Americans pressed the French to relent when it came to Germany, but insisted that their own claims be paid in full by both France and Britain.
  • Germany, for its part, could only pay if it could export, and especially to the world’s biggest and richest consumer market, the United States. The depression of 1920 killed those export hopes. Most immediately, the economic crisis sliced American consumer demand precisely when Europe needed it most.
  • But the gravest harm done by the depression to postwar recovery lasted long past 1921. To appreciate that, you have to understand the reasons why U.S. monetary authorities plunged the country into depression in 1920.
  • Monetary authorities, worried that inflation would revive and accelerate, made the fateful decision to slam the credit brakes, hard. Unlike the 1918 recession, that of 1920 was deliberately engineered. There was nothing invisible about it. Nor did the depression “cure itself.” U.S. officials cut interest rates and relaxed credit, and the economy predictably recovered
  • But 1920-21 was an inflation-stopper with a difference. In post-World War II America, anti-inflationists have been content to stop prices from rising. In 1920-21, monetary authorities actually sought to drive prices back to their pre-war levels
  • James Grant hails this accomplishment. Adam Tooze forces us to reckon with its consequences for the rest of the planet.
  • When the U.S. opted for massive deflation, it thrust upon every country that wished to return to the gold standard (and what respectable country would not?) an agonizing dilemma. Return to gold at 1913 values, and you would have to match U.S. deflation with an even steeper deflation of your own, accepting increased unemployment along the way. Alternatively, you could re-peg your currency to gold at a diminished rate. But that amounted to an admission that your money had permanently lost value—and that your own people, who had trusted their government with loans in local money, would receive a weaker return on their bonds than American creditors who had lent in dollars.
  • Britain chose the former course; pretty much everybody else chose the latter.
  • The consequences of these choices fill much of the second half of The Deluge. For Europeans, they were uniformly grim, and worse.
  • But one important effect ultimately rebounded on Americans. America’s determination to restore a dollar “as good as gold” not only imposed terrible hardship on war-ravaged Europe, it also threatened to flood American markets with low-cost European imports. The flip side of the Lost Generation enjoying cheap European travel with their strong dollars was German steelmakers and shipyards underpricing their American competitors with weak marks.
  • American leaders of the 1920s weren’t willing to accept this outcome. In 1921 and 1923, they raised tariffs, terminating a brief experiment with freer trade undertaken after the election of 1912. The world owed the United States billions of dollars, but the world was going to have to find another way of earning that money than selling goods to the United States.
  • Between 1924 and 1930, world financial flows could be simplified into a daisy chain of debt. Germans borrowed from Americans, and used the proceeds to pay reparations to the Belgians and French. The French and Belgians, in turn, repaid war debts to the British and Americans. The British then used their French and Italian debt payments to repay the United States, who set the whole crazy contraption in motion again. Everybody could see the system was crazy. Only the United States could fix it. It never did.
  • The reckless desperation of Hitler’s war provides context for the horrific crimes of his regime. Hitler’s empire could not feed itself, so his invasion plan for the Soviet Union contemplated the death by starvation of 20 to 30 million Soviet urban dwellers after the invaders stole all foodstuffs for their own use. Germany lacked workers, so it plundered the labor of its conquered peoples. By 1944, foreigners constituted 20 percent of the German workforce and 33 percent of armaments workers
  • “If man accumulates enough combustible material, God will provide the spark.” So it happened in 1929. The Deluge that had inundated the rest of the developed world roared back upon the United States.
  • From the start, the United States was Hitler’s ultimate target. “In seeking to explain the urgency of Hitler’s aggression, historians have underestimated his acute awareness of the threat posed to Germany, along with the rest of the European powers, by the emergence of the United States as the dominant global superpower,” Tooze writes. “The originality of National Socialism was that, rather than meekly accepting a place for Germany within a global economic order dominated by the affluent English-speaking countries, Hitler sought to mobilize the pent-up frustrations of his population to mount an epic challenge to this order.”
  • Germany was a weaker and poorer country in 1939 than it had been in 1914. Compared with Britain, let alone the United States, it lacked the basic elements of modernity: There were just 486,000 automobiles in Germany in 1932, and one-quarter of all Germans still worked as farmers as of 1925. Yet this backward land, with an income per capita comparable to contemporary “South Africa, Iran and Tunisia,” wagered on a second world war even more audacious than the first.
  • That way was found: more debt, especially more German debt. The 1923 hyper-inflation that wiped out Germany’s savers also tidied up the country’s balance sheet. Post-inflation Germany looked like a very creditworthy borrower.
  • On paper, the Nazi empire of 1942 represented a substantial economic bloc. But pillage and slavery are not workable bases for an industrial economy. Under German rule, the output of conquered Europe collapsed. The Hitlerian vision of a united German-led Eurasia equaling the Anglo-American bloc proved a crazed and genocidal fantasy.
  • The foundation of this order was America’s rise to unique economic predominance a century ago. That predominance is now coming to an end as China does what the Soviet Union and Imperial Germany never could: rise toward economic parity with the United States.
  • t is coming, and when it does, the fundamental basis of world-power politics over the past 100 years will have been removed. Just how big and dangerous a change that will be is the deepest theme of Adam Tooze's profound and brilliant grand narrative
Javier E

Understanding The Permanence Of Greater Israel « The Dish - 1 views

  • Jeffrey Goldberg, has been busy pondering why Hamas has sent hundreds of rockets – with no fatalities – into Israel. He argues that it does this in order to kill Palestinians. It’s an arresting idea, and it helps perpetuate the notion that there are no depths to which these Islamist fanatics and war criminals will not sink.
  • nihilist and futile war crime is all that Hamas has really got left.
  • for all the talk of aggression on both sides, no serious equivalence in capabilities between Hamas and the IDF. The IDF has the firepower to level Gaza to the ground if it really wants to. Hamas, if it’s lucky, might get a rocket near a town or city. I suppose Israel’s reluctance just to raze Gaza for good and all is why John McCain marveled that in a war where one side has had more than 170 fatalities, 1,200 casualties, 80 percent of whom are civilians, and the other side has no fatalities and a handful of injuries, Israel has somehow practiced restraint. One wonders what no restraint would mean.
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  • as if to balance Hamas’s blame for every single death in the conflict, Goldblog feels the need to chide the Israeli prime minister for his “mistake” in having utter contempt for any two-state solution. “Mistake” is an interesting word to use. It implies a relatively minor slip-up, a miscalculation, a foolish divergence from sanity. But it is perfectly clear to anyone not always finding excuses for the Israeli government that Netanyahu wasn’t making a mistake. He was simply reiterating his longstanding view that Israel will never, ever allow a sovereign Palestinian state to co-exist as a neighbor. And unless you understand that, nothing he has done since taking office makes any sense at all. Everything he has said and done presupposes permanent Greater Israel. And he is not some outlier. Israel’s entire political center of gravity is now firmly where Netanyahu is. The rank failure of the peace process simply underlines this fact. As do half a million Jewish settlers and religious fanatics on the West Bank.
  • Since the whole idea of a two-state solution is as dead as the infamous parrot, why on earth are Americans still pursuing it? I think because many want Israel to be other than what it plainly is. They understand that this project of a bi-national state with Jim Crow segregation and disenfranchisement is a horrible fate. Jeffrey is as eloquent on this today as he has ever been: If Netanyahu has convinced himself that a Palestinian state is an impossibility, then he has no choice but to accept the idea that the status quo eventually brings him to binationalism, either in its Jim Crow form—Palestinians absorbed into Israel, except without full voting rights—or its end-of-Israel-as-a-Jewish-state form, in which the two warring populations, Jewish and Arab, are combined into a single political entity, with chaos to predictably ensue. But this is clearly the reality. The Obama administration was the last hope for some kind of agreement, and the Israelis have told the president to go fuck himself on so many occasions the very thought of accommodation is preposterous. With the acceleration of the settlements, and the ever-rising racism and religious fundamentalism in Israel itself, this is what Israel now is.
  • This is what really put Israel’s occupation and settlement of the West Bank in perspective for me: Israel has possessed the West Bank for almost precisely the same proportion of its national existence as the United States has possessed Texas and California. About seven-tenths
  • the United States would first have to become an existentially different nation before it would even consider peaceably permitting California and Texas to leave the union. Just so with Israel
  • Despite protestations otherwise, possession of the West Bank has become a fundamental and existential part of the character of Israeli nationhood. Possession of the West Bank is not temporary, it is not contingent, and it is not an exception to the general rule of the character of Israeli nationhood. Occupation and settlement are as central to the Israeli nation, its politics and culture, as burritos, Hollywood, and Sunbelt conservatism are to American politics, culture, and national identity.
  • It also helps distract from the fact that Hamas itself did not kill the three Israeli teens which was the casus belli for the latest Israeli swoop through the West Bank; that Netanyahu had called for generalized revenge in the wake of the killings, while concealing the fact that the teens had been murdered almost as soon as they had been captured; and that Israeli public hysteria, tapping into the Gilad-like trauma of captivity, then began to spawn increasingly ugly, sectarian and racist acts of revenge and brutality.
Javier E

How will everything change under climate change? | Environment | The Guardian - 0 views

  • what is wrong with us?
  • entire
  • We are stuck because the actions that would give us the best chance of averting catastrophe – and would benefit the vast majority – are extremely threatening to an elite minority that has a stranglehold over our economy, our political process, and most of our major media outlets.
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  • it is our great collective misfortune that the scientific community made its decisive diagnosis of the climate threat at the precise moment when those elites were enjoying more unfettered political, cultural, and intellectual power than at any point since the 1920s.
  • Very little, however, has been written about how market fundamentalism has, from the very first moments, systematically sabotaged our collective response to climate change.
  • The core problem was that the stranglehold that market logic secured over public life in this period made the most direct and obvious climate responses seem politically heretical
  • How, for instance, could societies invest massively in zero-carbon public services and infrastructure at a time when the public sphere was being systematically dismantled and auctioned off
  • How could governments heavily regulate, tax, and penalise fossil fuel companies when all such measures were being dismissed as relics of “command and control” communism?
  • And how could the renewable energy sector receive the supports and protections it needed to replace fossil fuels when “protectionism” had been made a dirty word?
  • With hindsight, it’s hard to see how it could have turned out otherwise. The twin signatures of this era have been the mass export of products across vast distances (relentlessly burning carbon all the way), and the import of a uniquely wasteful model of production, consumption, and agriculture to every corner of the world (also based on the profligate burning of fossil fuels)
  • Because of those decades of hardcore emitting, exactly when we were supposed to be cutting back, the things we must do to avoid catastrophic warming are no longer just in conflict with the particular strain of deregulated capitalism that triumphed in the 1980s. They are now in conflict with the fundamental imperative at the heart of our economic model: grow or die.
  • so much carbon has been allowed to accumulate in the atmosphere over the past two decades that now our only hope of keeping warming below the internationally agreed-upon target of 2C is for wealthy countries to cut their emissions by somewhere in the neighbourhood of eight to 10% a year. The “free” market simply cannot accomplish this task. Indeed, this level of emission reduction has happened only in the context of economic collapse or deep depressions.
  • our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction in humanity’s use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it’s not the laws of nature.
  • , it is eminently possible to transform our economy so that it is less resource-intensive, and to do it in ways that are equitable, with the most vulnerable protected and the most responsible bearing the bulk of the burden. Low-carbon sectors of our economies can be encouraged to expand and create jobs, while high-carbon sectors are encouraged to contract. The problem, however, is that this scale of economic planning and management is entirely outside the boundaries of our reigning ideology. The only kind of contraction our current system can manage is a brutal crash, in which the most vulnerable will suffer most of all.
  • So we are left with a stark choice: allow climate disruption to change everything about our world, or change pretty much everything about our economy to avoid that fate. But we need to be very clear: because of our decades of collective denial, no gradual, incremental options are now available to us. Gentle tweaks to the status quo stopped being a climate option when we supersized the American Dream in the 1990s, and then proceeded to take it global
  • a landmark report. It stated that, “in the face of an absolutely unprecedented emergency, society has no choice but to take dramatic action to avert a collapse of civilization. Either we will change our ways and build an entirely new kind of global society, or they will be changed for us.”
  • Climate change presents a profound challenge to this cautious centrism because half measures won’t cut it: “all of the above energy” program, as US president Barack Obama describes his approach, has about as much chance of success as an all-of-the-above diet, and the firm deadlines imposed by science require that we get very worked up indeed.
  • we need to think differently, radically differently, for those changes to be remotely possible. A worldview will need to rise to the fore that sees nature, other nations, and our own neighbours not as adversaries, but rather as partners in a grand project of mutual reinvention.
  • That’s a big ask. But it gets bigger. Because of our endless procrastination, we also have to pull off this massive transformation without delay. The International Energy Agency (IEA) warns that if we do not get our emissions under control by a rather terrifying 2017, our fossil fuel economy will “lock-in” extremely dangerous warming.
  • “The door to reach two degrees is about to close. In 2017 it will be closed forever.” In short, we have reached what some activists have started calling “Decade Zero” of the climate crisis: we either change now or we lose our chance
Javier E

Noam Chomsky on the Roots of American Racism - NYTimes.com - 0 views

  • Jefferson, to his credit, at least recognized that the slavery in which he participated was “the most unremitting despotism on the one part, and degrading submissions on the other.” And the Jefferson Memorial in Washington displays his words that “Indeed I tremble for my country when I reflect that God is just: that his justice cannot sleep forever.” Words that should stand in our consciousness alongside of John Quincy Adams’s reflections on the parallel founding crime over centuries, the fate of “that hapless race of native Americans, which we are exterminating with such merciless and perfidious cruelty…among the heinous sins of this nation, for which I believe God will one day bring [it] to judgment.”
  • The national poet, Walt Whitman, captured the general understanding when he wrote that “The nigger, like the Injun, will be eliminated; it is the law of the races, history… A superior grade of rats come and then all the minor rats are cleared out.” It wasn’t until the 1960s that the scale of the atrocities and their character began to enter even scholarship, and to some extent popular consciousness, though there is a long way to go.
Javier E

Hillary Clinton's Bizarre Critique of U.S. Foreign Policy - Peter Beinart - The Atlantic - 0 views

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  • For Hillary, America’s current problem is that once the Cold War ended, we “withdrew from the information arena.” As a result, across the world, a new generation no longer remembers the great things we supposedly did in the past, and America has stopped telling them about the great things we are still doing today. Her answer: “get back to telling” the story of America’s greatness, not only to the rest of the world but “to ourselves first and foremost.”
  • the really weird part of Hillary Clinton’s claim that America must “get back to telling” the story of how great we are “to ourselves” is how much it echoes the right’s attack on Obama. Since Obama took office, a parade of conservative politicians and pundits have accused him of insufficient faith in America’s greatness. Mitt Romney entitled his campaign book No Apology: Believe in America. In 2013, Dick Cheney declared, “I don’t think that Barack Obama believes in the U.S. as an exceptional nation.”
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  • For more than five years, the right has claimed the major problem with American foreign policy is that it’s not sufficiently grounded in the belief that America is an exceptional nation fated to lift up humanity by spreading its power, as it did in generations past. Now, bizarrely, Hillary Clinton is leveling the same critique. Which still doesn’t make it right.
  • The problem isn’t that Bush didn’t tell foreigners about all the good America was doing. It’s that in their eyes, Bush’s behavior massively contradicted his rhetoric
Javier E

Amid Tumult, Michigan Football Aims to Reclaim Its Footing - NYTimes.com - 0 views

  • Michigan, once the class of the college football landscape, suddenly embodies the struggle between athletics and academics playing out at universities throughout the country. Michigan’s new president, Mark Schlissel, has suggested that academics may have taken a back seat in the athletic department and made it clear that the university’s sports culture concerned him.
  • “We have to get this right,” said Mark Bernstein, a university regent. “I believe the stakes at this university are unusually high in the sense that this university aspires to be exceptional academically and with respect to athletics. If those two worlds can coexist without comprising the integrity and values of the university — that’s our goal. If they can’t coexist, then intercollegiate athletics is truly an illusion.”
  • “The incentives are really strong for them to be as successful on the field as possible, and some of those are in dollars and others are in performance,” said Schlissel, according to the student newspaper, The Michigan Daily. “If we had won Nobel Prizes this year, we wouldn’t have gotten as much attention as did our A.D. It’s sad, but it’s really true.”
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  • Schlissel, a former provost at Brown University and a scientist, expressed concern to a faculty group recently that Michigan, annually ranked among the top-rated public universities in the nation and owners of the most victories in college football history, had admitted football players who were not as academically qualified as the rest of the student body.
  • Michigan fans do not readily welcome change. They even have a name for one of their own: a Michigan Man.
  • When Gee was president at Ohio State, he was asked if he would fire the football coach Jim Tressel, who had come under fire for an N.C.A.A. investigation into violations involving his players. “I’m just hoping that the coach doesn’t dismiss me,” he said, a line that landed him in hot water.
  • Schlissel, who apologized to Hoke for his remarks to the faculty group, declined to comment on his concerns or his future plans. Schlissel is trusting Hackett to decide Hoke’s fate, but he will surely play a role in deciding the future of Wolverines football.
  • “I’m amazed that the regents would hire a president with so little grounding in intercollegiate athletics, so little understanding of it,” Bay said. “I have sympathy for the man, that he’s been put in a position where he has to deal with a major part of the university and has no experience. He’s never been in a culture like this.”
  • “If this university can’t get this right,” Bernstein, the regent, said, “then no university can.”
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